As today’s newsflow reminds us, since listing the progress of the company has been faultless in terms of proving up its assets, and indeed, in this case, other’s progress next door to First Class Metals in the West Pickle Lake area, chonolith/feeder dyke structures now extend over more than five kilometres of strike length.
First Class Metals (LON: FCM) the UK metals exploration company, reported that Palladium One continues to intersect potentially economic Ni-Cu mineralisation in and around the West Pickle Lake Joint Venture area.
FCM said it remains encouraged by the progress the Palladium One exploration is making in the WPL zone and the wider discovery area. Particularly the success near to the FCM claim boundary with the results from TK23-128. FCM will continue to pursue third-party interest in this sector of North Hemlo.
Marc J. Sale CEO commented:
“I remain encouraged with the progress the Palladium One exploration is making in the WPL zone and the wider discovery area. Particularly the success near to the FCM claim boundary with the results from TK23-128.”
“FCM will continue to pursue third-party interest in this sector of North Hemlo.”
First Class Metals Sunbeam Property: High-Grade Gold Assay Results
Whatever the share price is in its range, FCM reminds us that it continues to prove its assets. Yesterday the focus was on Sunbeam, where once again, Marc and the team are getting on with the job.
First Class Metals announced high-grade gold assays from channel sampling undertaken following the recently completed exploration at the Company’s 100% owned Sunbeam property. FCM said that since it optioned Sunbeam in late 2022, it has made quick and significant progress in developing the Property both in terms of understanding the mineralisation and increasing its scale. The channel results from Roy and Pettigrew are most encouraging and have identified drill targets at both locations.
Marc J Sale Chief Executive Officer commented:
“Since we optioned Sunbeam in late 2022, we have made quick and significant progress in developing the Property both in terms of understanding the mineralisation and increasing its scale.”
“The channel results from Roy and Pettigrew are most encouraging and have identified drill targets at both locations. The auriferous porphyry hosing the shear zone at Roy and Pettigrew further enhances the significant potential that this Property can deliver.”
“As a result of the encouraging results from the recent stripping programs, FCM has staked 119 contiguous claims, along strike to the northeast I look forward to sharing further information on this Property, including our plans for the 2024 field season, as soon as possible.”
